Note from June 29, 2020
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
5 credits
30.0 h
Q2
Teacher(s)
Maes Ivo;
Language
French
Prerequisites
The prerequisite(s) for this Teaching Unit (Unité d’enseignement – UE) for the programmes/courses that offer this Teaching Unit are specified at the end of this sheet.
Main themes
This course offers an analysis of the build-up and the functioning of the Economic and Monetary Union (EMU) from the interdisciplinary perspective that allows to shed light on both the power struggles between the Eurozone actors and the economic constraints and challenges they are facing.
Aims
At the end of this learning unit, the student is able to : | |
| 1 |
- Identify and understand the main economic concepts underlying the build-up and functioning of the EMU. - Explain the power and institutional dynamics shaping the Eurozone governance. - Apply economic and political sciences concepts when analyzing contemporary EMU debates and reforms. - Understand and replicate the strategical behavior of Eurozone actors. |
The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Content
Approaches towards EMU: economic (Optimum Currency Area theory) and philosophical.
Early attempts at monetary integration.
The European Monetary System.
The Maastricht process and the structure of EMU.
The 21st century debt crisis.
Students are expected to give presentations. They concern the crisis and the financial assistance programs in the countries of the Euro area: Greece, Ireland, Portugal, Spain and Cyprus.
There will be visits to the museum of the National Bank of Belgium (part of the European System of Central Banks) and a commercial bank (with a lecture there).
Early attempts at monetary integration.
The European Monetary System.
The Maastricht process and the structure of EMU.
The 21st century debt crisis.
Students are expected to give presentations. They concern the crisis and the financial assistance programs in the countries of the Euro area: Greece, Ireland, Portugal, Spain and Cyprus.
There will be visits to the museum of the National Bank of Belgium (part of the European System of Central Banks) and a commercial bank (with a lecture there).
Evaluation methods
In June: the paper presentation (and class participation) will count for 50% of the grade. The oral exam also for 50%.
As the paper presentation cannot be redone, in August 100% of the grade will be on the oral exam.
As the paper presentation cannot be redone, in August 100% of the grade will be on the oral exam.
Faculty or entity
EURO
